Starbucks Crushes Q2 2026 Earnings: 6.2% Sales Surge Beats Wall Street, Guidance Raised
Starbucks beat expectations, grew sales and profits, raised outlook, and its turnaround is working. Stock jumped on the news.
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Dutch Bros and Black Rock Shares Slide as McDonald’s Enters the Beverage War
McDonald’s is adding cheap cold drinks in the U.S., attracting customers and hurting rivals like Dutch Bros and Starbucks.
Starbucks Stock Downgrade: RBC Cites Rising Labor Costs and Limited Upside Ahead
RBC Capital downgrades Starbucks to Sector Perform from Outperform, citing higher labor costs, smaller savings, and elevated growth expectations near peak valuation.
Starbucks Brews Up Strong Sales Growth Under CEO Niccol's Turnaround Plan
Starbucks (SBUX) reports 4% global same-store sales growth for Q1, beating expectations as CEO Brian Niccol's turnaround strategy gains momentum with menu simplification and improved store experience.
Trump Administration Promises Lower Coffee and Fruit Prices
Treasury Secretary Scott Bessent says the Trump administration will take steps soon to lower prices on coffee, bananas, and other imported foods amid rising grocery costs.
Starbucks Sells 60% Stake in China Unit to Boyu Capital for $4 Billion
Starbucks is selling a 60% stake in its struggling China business to Boyu Capital, aiming to boost growth and reconnect with customers amid rising competition from local coffee brands.